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96-01 Corona Avenue

Benjamin Carter Leases Retail Space To Peruvian Cuisine Restaurant At 96-01 Corona Avenue
LEASEDRetail

Benjamin Carter Leases Retail Space To Peruvian Cuisine Restaurant At 96-01 Corona Avenue

96-01 Corona Avenue

$85

$85/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

Apr 30, 2026

AI

The property involved in this transaction is a retail asset located at 96-01 Corona Avenue in Corona. The space spans 1,500 square feet and is subject to a modified gross lease. The asking rent for the property is $85 per square foot.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $85/ft
  • Lease Type: Modified Gross Lease
  • Landlord: Benjamin Carter
  • Tenant: Peruvian Cuisine Restaurant
  • Brokers: Luca DiCiero & Faisal Gilani - NY Space Finders

Key individuals involved in this lease transaction include Benjamin Carter, representing the landlord, and the tenant, Peruvian Cuisine Restaurant, which will occupy the retail space. The brokers managing the deal are Luca DiCiero and Faisal Gilani from NY Space Finders, facilitating the agreement between the landlord and tenant.

Players

Faisal Gilani

NY Space Finders

Broker

$27.4M

vol

46 deals

Broker

Corona Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

186623.53%

Cash-on-Cash

-53337.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93